UPDATE: Financial regulators peak body meets today as banks feel pressure to prove good behaviour

UPDATE: Financial regulators peak body meets today as banks feel pressure to prove good behaviour

(Adds comment from Bankers Association starting in the seventh paragraph) By Pattrick Smellie May 2 (BusinessDesk) - A little-known peak body of government agency chief executives will meet this afternoon to discuss next steps as New Zealand regulators step up pressure on t...

Pattrick Smellie 02 May 2018
10 big ideas on 'decarbonisation' from the Productivity Commission

10 big ideas on 'decarbonisation' from the Productivity Commission

By Pattrick Smellie April 27 (BusinessDesk) - The Productivity Commission today publishes a 508-page draft report on how New Zealand can meet the government's goal of achieving a net-zero emissions economy by 2050, let alone the goal of reducing emissions by 30 percent on 2005...

Pattrick Smellie 26 Apr 2018
Trees and transport electricification key to carbon neutral economy, says Productivity Commission

Trees and transport electricification key to carbon neutral economy, says Productivity Commission

By Pattrick Smellie April 27 (BusinessDesk) - New Zealand can achieve a carbon-neutral economy by 2050, but the price of carbon may need to be as high as $250 a tonne, mass uptake of electric vehicles would be required by 2030, and much of the country's marginal sheep and beef...

Pattrick Smellie 26 Apr 2018
UPDATE: Auckland airport optimistic it can convince Comcom on its profit path

UPDATE: Auckland airport optimistic it can convince Comcom on its profit path

(Adds Auckland Airport CFO comment, updates share price) By Pattrick Smellie April 26 (BusinessDesk) - The Commerce Commission is concerned Auckland International Airport is planning to make excessive profits on its regulated assets, but the country's largest airport says i...

Pattrick Smellie 25 Apr 2018